We are working to attract inward economic investment into Scotland’s towns, cities and communities that will deliver housing, improved public service delivery, enhanced connectivity and economic benefits.
To achieve a sustained increase in the number of homes being built in Scotland, collaboration between the public and private sectors is a fundamental requirement.
Our National Housing Trust (NHT) is such a collaborative initiative that has increased the number of affordable-rent homes across Scotland.
Under NHT, developers are appointed to build a specified number of affordable homes on land they already own. Many of these new homes have been built by small or medium sized housebuilders and represent nearly £400m of additional investment in the affordable housing sector.
Once built, a local partnership company made up of the developer, the participating local authority and us, buy the homes and lets them to tenants at affordable, mid-market rent.
Across all phases of NHT, we’ve signed contracts to build over 1,700 energy-efficient, quality, affordable-rent homes on 30 sites in numerous locations across Scotland; homes that would not have been built without SFT’s involvement.
The vast majority of these homes have been built and are occupied, providing tenants with quality, energy efficient homes in areas where they want to live which are close to friends and family.
Supplementary to our NHT programme, after we carried out initial development work, in 2015 the LAR Housing Trust was established as an independent housing charity to deliver 1,000 mid-market rent homes over the next five years.